Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1887-03-20

Twelve hundred acres commanding tho
mass at the Breaks OF Cumberland
monntaiu. in Wise county, were pir-
chased. and all cash paid, over one
month ago. The entire line traverses
n country rich in fertile farms, rare
scenery. and luxuriant areas OF timber
In Bland it will pass Immediately the
great timber, iron, and manganese
nroperty now owned by Captain Edward
Perry of Tazewell, II. NewbeTy Of
Bland, and G. q. Holland OF Dan
vile, president of the Virginia
and Kentucky railroad. This tract
contains 10000 acres Of I'M
broken forest and the great
body of Bessemer ore underlying it
has never been questioned, while the
contiguous Brushy mountain, lying
fouth of il. carries fine stratas OF soft or
steamino coal. Further west, in Rus
sell and Wise, this line reaches the great
fat.top coalfeld now so extensively
worked by the Norfolk and Western at
Pocahontas, and the fires OF new sue
cession of cities will spring up allalong
the line in this growing empire OF
wealth. Besides, it will not be- over
looked chat the annual shipments of
heavy beef cattle, which now so profit
ably tax the energies of the present
lines, comes chiefly from those counties
above named
THE VIRGINIA AND KENTUCKY RAILROAD.
This line, which was intended as
virtual extension of the Danville and
New River, now completed to Stuart,
distance of seventy-f five miles from Dan
vile. and in whose aid Wytheville
voted $4,000, Wythe 800, 900, Bland
$40, 900, and Tazewell $50, 900, seems
now to gather new life. The projectors
and prosecutors of the Atlantic and
Danville, the Cape Fear and Yadkin
Valley, the Danville and New River,
and the Virginia and Kentucky carry
common friendship, and propose COM
mon union very soon in one finished
system, with vast and extensive western
connections.
The friends of the Virginia and Ken
lucky. acting in the interests Of this
valuable enterprise, have taken many
options in Wythe, Bland, and Tazewen
counties in timber, mineral, and coal
lands. C.. G.. Holland is now on tour
of business through Tazewell, Dickin-
son and Buchanan asking for renewal
of options now expiring for thir-
ty days in which to examine titles,
and when the extension is refused
the option is closed by cash in all
or in part. Many vastly valuable
coal properties have already been paid
for in Tazewell-among which was one
5,OO0-acre tract of coal-land paid for
in cash and Captain Charles X. Boyd,
of Wytheville, was paid $40, 900 in cash
for his interest in Round mountain, in
Bland, by Holland. Wrienshall, chief
engineer of the Richmond and Dan
vile, accompanies Holland, the presi-
dent of the Virginia and Kentucky,
on this trip. This line will pass by
Wytheville from Stuart, through Rich
Valley and Poor Valley, and by Jeiler-
sonville, in Tazewell.
THE NORFOLK AND WESTERN,
indomtable and irepressible, is still
actively wreathing her network rapidly
through every fibre of the rich South
west. At Pocahontas, Walton and
Evans are building eight and a half
more miles north along Bluestone and
up Flipping creek, Mills and Fairfax
are building eight miles through the
Flat Top by tunnel and on beyond to
Croziers coal-lands in West Virginia;
a seven-mile branch is now building up
pig Reed Island river, in Wythe, into
Carroll county, along n new ironfeld
rich in Bessemer ores the injunction
in the suit of Crockett, &c, rs. The
Norfolk and Western, which stopped
the building of the bridge over New
river at Foster Falls, and consequently
the extension of the Crippled Greek
road up New river, has been dissolved by
consent 'of parties, and the line will
now be rapidly pushed three miles fur
ther up the river to the new openings
for iron recently purchased at cost
of $500 of j. Z. NJ. Saunders. The
Cripple road connects with the main
line at Pulaski City, and through her
pours hundreds of tons of ore daily to
the Crozier furnace at Roanoke; but
the Cripple output is now to be doubled
to supply new furnance of 200 tons
capacity, just let to contract to George
T. Mills, of Philadelphia, to be at Pu-
laski, and which will be when COM
pleted one of the most elegantly
equipped in the United States. Work
is now favorably progressing on it.
A bank and real estate company whose
purpose is TO erect forty fine houses as
fast as labor can shape them, has been
organized, together with the fur
mace enterprise, within the last ten
days, and this new city promises
to rival Roanoke, Pocahontas, if
not Birmingham, in the wee sma'
years to come, having now many fine
buildings, although but a very short
while ago she was only heard of as the
"dry tank at the foot of Huclileberry
Knob" The celebrated Bertha Zinc
Works, which were so profitably worked
here with two furnaces, and whose ores
were supplied by wagons from New
river repositories, distance OF fourteen
miles, has now recently recapitalized
and re0rganized at $1,000, 900, although
it was supposed to be worth only some
few hundreds of thousands before the
building of the Cripple-Creek road
1t is now erecting eight new furnaces,
with several of them nearing compile
ton. Lots are selling rapidly and real
estate in the vicinity rising to fabulous
prices. An acre of land which few
years ago would not have sold for over
800 will now easily command $1,000.
A gentleman largely interested in iron
ore told the Dispatch man that there
would be three other furnaces built and
that company was being organized
for that purpose. ARAMINTA.
One-Year's Passionate.
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